berrygerry

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Posts by berrygerry

• 
  37

  Canada Branch Financials are Posted (The Bleeding Appears Very Real)

  by berrygerry in

  1. watchtower
  2. beliefs

  posted here:.

  https://docs.zoho.com/sheet/published.do?rid=740aq85115d1a04174c4d867e056351ad6836.

  biggest changes:.

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  berrygerry

  It could be the org is doing asset control in preparation for upcoming legal battles.

  It is possible - however, those declines started 8 years ago. The only real legal threat in Canada was within the past year.

  It looks more like it took several whacks to their corporate skull to fully realize that their "publishing" (books and mags) is truly and fully dead.

  Because of their abrupt cessation of printing (Canada was printing all of the English for North America), they have given themselves a reprieve - but the glory days are definitely over.

  (I'm tracking another metric - I'll post it in 2 years)
  
  
• 
  37

  Canada Branch Financials are Posted (The Bleeding Appears Very Real)

  by berrygerry in

  1. watchtower
  2. beliefs

  posted here:.

  https://docs.zoho.com/sheet/published.do?rid=740aq85115d1a04174c4d867e056351ad6836.

  biggest changes:.

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  berrygerry

  They list $55,000,000 in "other liabilities." Who do they owe this money too, I suspect its other Watchtower corporations, where it would be listed as an asset.
  They also list an expense line for $60,000,000 for "supplies and other purchased assets." That's a lot of supplies. Again we don't know who they paid the money to, or for what.

  Both of those lines are very steady. (Most would be shocked if Watch Tower DIDN'T funnel money from country to country.) Line 4330 is quite constant - between 48 million and 57.5 million over a SEVEN-YEAR period.

  Likewise, line 4891 is not too remarkable - between 39 million and 63 million over five years. (Where or how the supplies are paid doesn't matter.)

  Any accountant or investor would have the most interest in "liquid" assets - which have declined year after year (reprieve in 2016) for seven years from 94 million down to 17 million.

  Likewise, the corresponding "bottom line" (assets less liabilities) has plunged year after year (also a reprieve in 2016) for seven years from 117 million down to 6 million. There isn't an investor anywhere that would put a dime into a corporation with those numbers.
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  37

  Canada Branch Financials are Posted (The Bleeding Appears Very Real)

  by berrygerry in

  1. watchtower
  2. beliefs

  posted here:.

  https://docs.zoho.com/sheet/published.do?rid=740aq85115d1a04174c4d867e056351ad6836.

  biggest changes:.

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  berrygerry

  Where did these numbers come from? This isn't an actual financial statement, its a spreadsheet. Without the notes its useless.

  ..

  http://www.cra-arc.gc.ca/ebci/haip/srch/t3010form23sched6-eng.action?b=119288918RR0001&fpe=2017-08-31&n=Watch+Tower+Bible+and+Tract+Society+of+Canada+%2F+La+Tour+de+Garde+Société+de+Bibles+et+de+Tracts+du+Canada
  

  ..
• 
  37

  Canada Branch Financials are Posted (The Bleeding Appears Very Real)

  by berrygerry in

  1. watchtower
  2. beliefs

  posted here:.

  https://docs.zoho.com/sheet/published.do?rid=740aq85115d1a04174c4d867e056351ad6836.

  biggest changes:.

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  2. 
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  berrygerry

  The link is not working for me.

  https://docs.zoho.com/sheet/published.do?rid=740aq85115d1a04174c4d867e056351ad6836

  ?
• 
  37

  Canada Branch Financials are Posted (The Bleeding Appears Very Real)

  by berrygerry in

  1. watchtower
  2. beliefs

  posted here:.

  https://docs.zoho.com/sheet/published.do?rid=740aq85115d1a04174c4d867e056351ad6836.

  biggest changes:.

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  2. 
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• 

  berrygerry

  Another line of interest is:

  4820 - Interest and bank charges -

  16,096 -- 20,401 -- 37,307 -- 12,147 -- 36,433 -- 61,440 -- 55,387 -- 105,146 -- 234,472

  Although the 2016 jump from 55k to 105k isn't mind-blowing, the 2017 increase to 234k must raise a few eyebrows. Presumably these are not bank charge increases, but interest cost increases.

  Firstly, WT tightwads are very reluctant to pay interest (unless it is a shadow arrangement).

  Secondly, with 16 million still in cash, why are they borrowing at all, and why are they increasing the borrowing?
  
• 
  37

  Canada Branch Financials are Posted (The Bleeding Appears Very Real)

  by berrygerry in

  1. watchtower
  2. beliefs

  posted here:.

  https://docs.zoho.com/sheet/published.do?rid=740aq85115d1a04174c4d867e056351ad6836.

  biggest changes:.

  1. 
  2. 
  3. 
• 

  berrygerry

  Line 4330 - Other Liabilities

  is a mystery line.
  

  However, it has been constant for 7 years - so for the most part, a non-entry.
  
• 
  88

  British Sociologist Predicts Possible Collapse in Jehovah's Witness Numbers

  by slimboyfat in

  1. jw
  2. friends

  a newly published article by british sociologist david voas argues jehovah's witnesses may be about to experience a collapse in numbers.

  contrary to claims by american sociologist rodney stark who predicts strong future growth for jehovah's witnesses, voas shows that jehovah's witnesses' efforts at recruiting new members have become increasingly unsuccessful over the past few decades: the rate of increase has steadily declined, and the number of hours each publisher must preach to produce an extra convert has gone up substantially.

  voas suggests a reason for the stagnation may be that there is a natural limit to the number of people in a given population that are susceptible to conversion to sectarian groups like jehovah's witnesses - the 'carrying capacity' of the population, and that the limit has largely been reached.

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  berrygerry

  I expect the reality will be somewhere north of collapse but well short of thriving.

  steve2
  

  What do you think about the reality of the financial picture? ( https://www.jehovahs-witness.com/topic/4812472855822336/canada-branch-financials-posted-bleeding-appears-very-real )
  
• 
  37

  Canada Branch Financials are Posted (The Bleeding Appears Very Real)

  by berrygerry in

  1. watchtower
  2. beliefs

  posted here:.

  https://docs.zoho.com/sheet/published.do?rid=740aq85115d1a04174c4d867e056351ad6836.

  biggest changes:.

  1. 
  2. 
  3. 
• 

  berrygerry

  Posted here:

  https://docs.zoho.com/sheet/published.do?rid=740aq85115d1a04174c4d867e056351ad6836

  Biggest changes:

  Lines

  4100 - Cash
  

  4170 - Other assets (?)

  Assets less liabilities MUST be of serious concern.
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  2

  Philly Followup

  by berrygerry in

  1. watchtower
  2. child-abuse

  this article:.

  https://www.jehovahs-witness.com/topic/5170724735025152/major-article-todays-philadelphia-inquirer-on-jw-child-abuse.

  led to his arrest and this impressive article:.

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  berrygerry

  This article:

  https://www.jehovahs-witness.com/topic/5170724735025152/major-article-todays-philadelphia-inquirer-on-jw-child-abuse
  

  led to his arrest and this impressive article:

  http://www.philly.com/philly/news/jehovahs-witnesses-children-sexual-abuse-arrest-20180524.html
  

  ..
• 
  32

  Scary Effectiveness of Assembly Videos

  by Captain Schmideo2 in

  1. jw
  2. friends

  well, i got to see the final day of this years regional convention.and i saw something that disturbs me.. the final, "summing up review" video.

  it disturbs me because it was so well done.

  (i wish i could remember the title of the song), to the strains of a solo vocalist singing in a fine "irish tenor", we see the actors from the previous videos of the last few days all assembling together in a clearing.

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  berrygerry

  https://www.reddit.com/r/exjw/comments/8kv9d0/they_did_it_guys_they_topped_the_basement_video/

  https://yadi.sk/i/zaFLDULY3WAUks